# PPP loan: FOURTH QUARTER TIME
> **$486K** approved 05/26/2020 · Charged Off · Loan `3488267804`
## Borrower
- **Name:** FOURTH QUARTER TIME
- **Address:** 2500 Regency Parkway, Cary, NC, 27518-8549
- **NAICS:** 453998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $365K
- **Rent:** $61K
- **Utilities:** $61K
- **Jobs reported:** 14
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*